Problem 10-9 Comprehensive Variance Analysis [LO10-1, LO10-2, LO10-3] Marvel Parts, Inc., manufactures auto accessories. One of the company's products is a set of seat covers that can be adjusted to fit nearly any small car. The company has a standard cost system in use for all of its products. According to the standards that have been set for the seat covers, the factory should work 1,065 hours each month to produce 2.130 sets of covers. The standard costs associated with this level of production are: eBook Per Set Print Total of Covers Direct materials Direct labor Variable manufacturing overhead (based on 35, 358 $16.68 8,520 4.09 erer eric direct labor-hours) s 3,1951.50 $22.10 August, the factory worked only 1,050 direct labor-hours and produced 2.700 sets of covers. The following actual costs were recorded during the month: Per Set Total of Covers Direct materials (6,808 yards) Direct labor Variable manufacturing overhead s 43,740 $16.20 s 11,348 4.20 $ 5,6782.18 $22.50 uire 2.0 yards of material. All of the materials purchased during ti the month were used in Runalj...m